Investing all my savings!

[Gladz29]

For me, investing all your savings to 3 cryptocurrencies you have mentioned is not really good idea. Why? because you cannot say what will happen the following days or months if the prices will either go up or down. It is very risky and the rates are flactuating. Also, what if something emergency that might happen in few days or months with your own personal life. Be proactive about uncertainties.

Not all my savings,  because I save for my future so what if I lose everything. So its sorry for my self.  So I just invest just a little bit of percent to try.  

[Racekid]

Hello guys! I am planning on investing all my savings (12500$) in cryptocurrency, so I would really like to hear your opinion. My current plan is to split it in to 3 :
-50% bitcoin.
-25% ethereum.
-25% litecoin.

I am investing the money at the next dip.
Please post your opinion guys.

Edit: I should mention that this is for a longtherm hold, about 5-10 years

Sorry for my bad english, but I am better reading it than writing it.. :p

Based On my personal Bias, Investing all your Life savings in Cryptocurrency is Not a good idea at all, at least not into 3cryptocurrencies. The Cryptospace is Volatile, expect anything to happen. There's no absolute prediction of The Market. So what I would advise you do is put in 75% it not half of it an diversify your investment, do your due Diligence and invest in coins that have got potentials. With these few Things have said, be sure you would reap good profits whether In the Long or Short Run

[fredo123]

Well, It seems you are confidently trust cryptocurrency, Just follow your heart, nobody stops you, the higher the risk , the greater chance to earn huge profit, Think twice before you act, Goodluck to your plans, Hoping for your success:)

[Drizzlepistol]

I think you should invest just 20% of your savings to invest in the coins that you splited. you should learn how to trade first and have knowledge about these coins, if not you can lose all you savings.

[BobBct]

If you are investing all you savings be in mind you will hold it and don't be afraid if you loose money because you took that risk to earn more money, so don't let fear eats you just HODL!

[knightmairesaint]

Hello guys! I am planning on investing all my savings (12500$) in cryptocurrency, so I would really like to hear your opinion. My current plan is to split it in to 3 :
-50% bitcoin.
-25% ethereum.
-25% litecoin.

I am investing the money at the next dip.
Please post your opinion guys.

Edit: I should mention that this is for a longtherm hold, about 5-10 years

Sorry for my bad english, but I am better reading it than writing it.. :p

Why don't you consider other good alts too. 25% in LTC seems too much for me.I would have taken 10% from it and would invest in some other good altcoins like Monero, Electroneum, Cardano.

If I were in your position I will add more altcoins, there are a lot of coins in the market and there are coins which are undervalued which might turn your money into millions when it pump. Now, the crypto is getting popular and bigger so even coins that are not yet popular has a chance to pump and we are very lucky if we were able to spot the right coins.

Right, he should consider other altcoins too especially those who had a huge pump. Anyways, he has a good plan already in splitting his savings between those three coins but I think he should consider to leaving some money for emergency purposes. I know that digital currency is becoming a good investment nowadays but we should be wise to not putting our savings into it. The OP should leave some fiat under his care in case something not good happen.

[doyayipaku]

Why do you forget the ripple? It is a potential coin and can rise in the future as I'm writing this article. The value of the ripple is almost $ 5 if you buy the ripple then you have your account x5.

[Artillery69]

I think it's too risky Do not invest all your savings in just cryptoes, that's not a good idea. Try another bank investment deposit

[AjithBtc]

All the savings into bitcoin is much risk compared to that of having a diversified savings portfolio. In my personal experience having an diversified savings plan will benefit even when something goes wrong. If entire savings is invested into a single asset the risk is big and profitability will be big, if lucky.

[19mlmendoza82]

as  the old entreprenuer said... dont put all your eggs in one basket... diversify every investment.. and continous learning is a must

[Sunyoto]

For me, investing all my savings is a high risk, but if you can control that risk you will get more profit, let alone you invest in your bitcoin will be a lot of advantages. Because for me bitcoin is very easy to use for everyone to get more benefits.

[ibuddy122505]

Well, It seems you are confidently trust cryptocurrency, Just follow your heart, nobody stops you, the higher the risk , the greater chance to earn huge profit, Think twice before you act, Goodluck to your plans, Hoping for your success:)

Yes, that's better as its possibility turn into so wrong. NEVER put all eggs in one basket. Dealing with crypto Investing, its so easy to lose money, you'd think that money would bounce back after your limited days or something but no - all gone. Finally, Investing on your own Sir. Enjoy

[kriptotr]

Well, It seems you are confidently trust cryptocurrency, Just follow your heart, nobody stops you, the higher the risk , the greater chance to earn huge profit, Think twice before you act, Goodluck to your plans, Hoping for your success:)

Yes, that's better as its possibility turn into so wrong. NEVER put all eggs in one basket. Dealing with crypto Investing, its so easy to lose money, you'd think that money would bounce back after your limited days or something but no - all gone. Finally, Investing on your own Sir. Enjoy

This is the motto. Never take excessive risk for this virtual assets. Split your money into smaller fraction by having couple of different coins. This is the best to protect your money and yourself.

[Pioneer2]

Well, It seems you are confidently trust cryptocurrency, Just follow your heart, nobody stops you, the higher the risk , the greater chance to earn huge profit, Think twice before you act, Goodluck to your plans, Hoping for your success:)

Yes, that's better as its possibility turn into so wrong. NEVER put all eggs in one basket. Dealing with crypto Investing, its so easy to lose money, you'd think that money would bounce back after your limited days or something but no - all gone. Finally, Investing on your own Sir. Enjoy

This is the motto. Never take excessive risk for this virtual assets. Split your money into smaller fraction by having couple of different coins. This is the best to protect your money and yourself.

Agreed. Following your heart will turn out being one of the most stupid decisions when it comes to investing. That's exactly how most people lose all their money.

Be a bit more logic, diversify, mitigate risk. Don't forget all you gave up to save that money.

Pragmatically speaking, cryptocurrency is still a fragile market and no one should invest 100% of his capital on it. If one really believes in the technology, I would say 50% is already a too aggressive slice but might fit.
Finally, diversify your portfolio as already said, but do it properly. Three coins is far from enough, consider buying at least the top 10. You can weight them based on their market cap, so your portfolio follows the market average movements.

[Partizanai]

Well, It seems you are confidently trust cryptocurrency, Just follow your heart, nobody stops you, the higher the risk , the greater chance to earn huge profit, Think twice before you act, Goodluck to your plans, Hoping for your success:)

Yes, that's better as its possibility turn into so wrong. NEVER put all eggs in one basket. Dealing with crypto Investing, its so easy to lose money, you'd think that money would bounce back after your limited days or something but no - all gone. Finally, Investing on your own Sir. Enjoy

This is the motto. Never take excessive risk for this virtual assets. Split your money into smaller fraction by having couple of different coins. This is the best to protect your money and yourself.

Agreed. Following your heart will turn out being one of the most stupid decisions when it comes to investing. That's exactly how most people lose all their money.

Be a bit more logic, diversify, mitigate risk. Don't forget all you gave up to save that money.

Pragmatically speaking, cryptocurrency is still a fragile market and no one should invest 100% of his capital on it. If one really believes in the technology, I would say 50% is already a too aggressive slice but might fit.
Finally, diversify your portfolio as already said, but do it properly. Three coins is far from enough, consider buying at least the top 10. You can weight them based on their market cap, so your portfolio follows the market average movements.

Words of wisdom, you better listen to these words if you dont want to end up in the poor house

[rachelia13]

Are you sure about this? 5-10 years is long you should have atleast you should have plans on when to cash out, always remember that cryptocurrency's price is very volatile and anytime it can change, what are your plans on the next 5-10 years? This is risky, you might lost all your investments if you didn't become an active watcher on prices of there coins.

I agree with you, it is too risky to hold a coin for 5-10 years, because of price volatility that might be detrimental to you especially if you are not actively seeing the development of the price of the coin you hold. Do not hold the coins for long time, if you already get 10-15%  profit, better sell the coin, don't be greedy, better earn a little profit rather than lose a lot

[WatchMaker]

Hello guys! I am planning on investing all my savings (12500$) in cryptocurrency, so I would really like to hear your opinion. My current plan is to split it in to 3 :
-50% bitcoin.
-25% ethereum.
-25% litecoin.

I am investing the money at the next dip.
Please post your opinion guys.

Edit: I should mention that this is for a longtherm hold, about 5-10 years

Sorry for my bad english, but I am better reading it than writing it.. :p

Great, you have made a wonderful decision for investing into cryptocurrencies such bitcoin, ethereum, and litecoin. by now I know you doubled your initial investment. When you are investing next time try to focus more on the rising coin on the coinmarketcap and invest in few of the potential ones that will be very profitable too. 

[koryu]

Hello guys! I am planning on investing all my savings (12500$) in cryptocurrency, so I would really like to hear your opinion. My current plan is to split it in to 3 :
-50% bitcoin.
-25% ethereum.
-25% litecoin.

I am investing the money at the next dip.
Please post your opinion guys.

Edit: I should mention that this is for a longtherm hold, about 5-10 years

Sorry for my bad english, but I am better reading it than writing it.. :p

One of the rules of investing is that you should never invest more than you can afford to lose. So make sure you still have a cushion when things go south.

That being said, it looks like you are primarily investing in the top market caps. These are good picks but won't grow as much as some smaller cap coins.

A good advice is to at least have 10% of your portfolio on high-risk speculation. Split them into 0.5% position, if one of them goes up by x10, you have 5% of your total portfolio more.

[ImSuparmin]

I will invest my money into Bitcoin and altcoins, I will keep it in the next 3-5 years possible, in order to gain more, because I believe investing in coins, may be the best way for my future, and hopefully year after year coin prices rise.

[jinx029]

Putting all you're savings on cryptocurrency is not a good idea, you must to put at least 20% of your savings on bank for you're emergency purposes and we didn't know what will happened to your coins in the future.